The White House has formally rescinded its nomination of a16z coverage head Brian Quintenz to the position of Commodity Futures Trading Commission (CFTC), per a Politico report printed Tuesday. White House Withdraws CFTC Chair Offer According to the September 30 report, two nameless sources confirmed to the media outlet that Quintenz’s nomination had been withdrawn…
Hedera’s HBAR declined about 1.6% for the day to hover close to $0.211, but the general outlook into “Uptober” stays constructive. Momentum is supported by growing ETF optimism, with new belief and ETF discussions bringing HBAR into the identical dialog as large-cap altcoins, together with renewed engagement from SWIFT. Hedera Makes Global Partnerships Hedera representatives…
The success of spot Bitcoin (BTC) exchange-traded funds (ETFs) and main BTC treasury firms marked one other step within the institutional adoption of crypto. US-traded spot Bitcoin ETFs captured $518 million on Sept. 29 and have collected $57.3 billion in web flows since their launch in January 2024, in accordance with Farside Investors data. BlackRock’s…
Solana spot ETF approvals might come as quickly as next week, with a timeline of Oct. 6-10 representing a practical expectation for the SEC’s approval. As Blockworks reported on Sept. 30, sources at three separate issuers stated that the optimism follows the SEC’s adoption of generic listing standards for crypto exchange-traded merchandise, which eradicated the…
A recent spherical of sparring between Bitcoin Core and Bitcoin Knots over “arbitrary knowledge” and coverage defaults is ricocheting throughout X, however the argument’s bones are older than many bear in mind. As Bitcoin developer Peter Todd put it on Sunday, “Good learn. tl;dr: every thing that has been mentioned about Core vs Knots has…
An analyst’s current chart evaluation reveals XRP holding steady across the $2.80 degree whereas forming a construction that has traditionally preceded greater strikes. The evaluation factors to 2 possible short-term outcomes, but each result in the identical bullish conclusion in the long term. Bullish Technical Analysis For XRP XRP has spent the previous week transferring…
South Koreans are more and more turning to abroad crypto exchanges, with buying and selling volumes on home platforms dropping, a brand new report has discovered. The South Korean media retailers FN News and News1 reported that the report was compiled by the nation’s two high monetary regulators, the Financial Services Commission and the Financial…
On-chain knowledge exhibits a Cardano whale has made an enormous withdrawal from Coinbase, an indication that could be bullish for the ADA worth. Cardano Whale Has Withdrawn Big From Coinbase According to knowledge from cryptocurrency transaction tracker service Whale Alert, a big switch has been noticed on the Cardano blockchain throughout the previous day. The…
Strategy raised the annual dividend rate on its Variable Rate Series A Perpetual Stretch (STRC) Preferred Stock from 10% to 10.25%, efficient Oct. 1. The firm disclosed the change in a Sept. 30 SEC filing, additionally declaring a cash dividend of $0.854166667 per share on STRC, payable Oct. 31 to stockholders of document as of…
Poland’s decrease home has accredited a wide-ranging crypto invoice that may put the nation’s total digital asset market beneath stricter state management. Based on experiences, the measure — often known as Bill 1424 — handed the decrease home of Poland’s nationwide parliament, or Sejm, with 230 votes in favor and 196 opposed. The regulation would…